Greek Banking [electronic resource] : From the Pre-Euro Reforms to the Financial Crisis and Beyond /
Pasiouras, F.author.
From a period of growth and considerably high levels of profitability, Greek banks recently found themselves battling a major decrease in demand in the local market, and an increase in non-performing loans. How is the Greek banking system able to survive the crisis? This is discussed by looking at the last 15 years of the Greek banking system.
Description based upon print version of record.
Cover; Contents; List of Figures; List of Tables; Preface; Acknowledgements; List of Abbreviations; 1 Overview of the Greek Banking Sector; 1.1 Introduction; 1.2 Structural features of the Greek banking sector; The size of the banking sector; Numbers and types of banks; Market concentration; Trends in branch numbers and employment; 1.3 Mergers and acquisitions (M&As); M&A trends; Empirical evidence; 1.4 Internationalization of Greek banks; 1.5 Conclusions; 2 Macroeconomic and Institutional Environment; 2.1 Introduction; 2.2 Basic macroeconomic indicators; Gross domestic product; Inflation
UnemploymentPublic finance; Trade balance; 2.3 Institutional framework and business environment; 2.4 Conclusions; 3 Non-Banking Financial Institutions and Capital Markets; 3.1 Introduction; 3.2 Non-banking financial institutions; Insurance firms; Investment funds; Leasing and factoring firms; 3.3 Capital markets; Athens stock exchange; The primary market for government paper; The secondary market for government paper; 3.4 Conclusions; 4 Central Banking and Policy Responses to the Crisis; 4.1 Introduction; 4.2 The Bank of Greece (BoG); The establishment of the BoG; The Statute of the BoG
Administration and decision-making bodies of the BoGResponsibilities of the BoG; 4.3 The European Central Bank (ECB); The establishment of the ECB; Administration and decision-making bodies of the ECB; The objective and strategy of the ECB; 4.4 Policy responses to the crisis; Central bank intervention; Measures taken by the Greek government; Financial assistance from Eurozone and IMF; The PSI and PSI plus bond exchange programmes; European stabilization mechanism; Basel III and CRD IV; 4.5 Conclusions; 5 Supervisory Framework; 5.1 Introduction
5.2 Licensing and activities of credit institutionsRequirements for setting up and pursuing the business of a credit institution; Activities of credit institutions; Other matters relating to licensing and services; 5.3 Capital adequacy requirements; 5.4 Reporting and transparency-related regulations; 5.5 Supervisory power; 5.6 Liquidity requirements; 5.7 Provisioning; 5.8 Money laundering and the financing of terrorism; 5.9 Deposit guarantee and investors' compensation scheme; 5.10 Conclusions; 6 Retail Banking; 6.1 Introduction; 6.2 Distribution channels; 6.3 Means of payment
6.4 The financial cards market6.5 Loans to households and non-financial corporations; Loans to households; Loans to non-financial corporations; Bank lending rates; 6.6 The deposits market; 6.7 Conclusions; 7 Performance of the Banking Sector in Greece; 7.1 Introduction; 7.2 Greek commercial banks versus banks in other countries; 7.3 A more detailed look at the performance indicators of commercial banks in Greece; 7.4 Greek cooperative banks versus banks in other countries; 7.5 A more detailed look at the performance indicators of cooperative banks in Greece
7.6 A brief review of empirical studies on the performance of Greek banks
Includes bibliographical references and index.
From a period of growth and considerably high levels of profitability, Greek banks recently found themselves battling a major decrease in demand in the local market, and an increase in non-performing loans. How is the Greek banking system able to survive the crisis? This is discussed by looking at the last 15 years of the Greek banking system.
Business enterprises—Finance.
Finance—History.
Banks and banking.
Finance.
Marketing.
Economic history.
Business Finance.
Financial History.
Banking.
Finance, general.
Marketing.
Economic History.